YEARLY HIGH
0.6477 THB
YEARLY LOW
0.5918 THB
YEARLY AVERAGE
0.6216 THB

2017 MKD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 0.6477. Conversely, the yearly low was recorded on April 16, dropping to 0.5918.

This high-to-low spread represents a total annual volatility of 0.0559 THB. From a start-to-finish perspective, comparing the January average rate of 0.6127 to the December average rate of 0.6277, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6477 was down 1.04% compared to the 2016 peak of 0.6545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 3,238 THB
2016 Average 3,171 THB
Yearly Trough Low 2,959 THB
Transaction Impact: A difference of 279.29 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6459
0.5953
JanuMarcMayJulySeptNove

MKD to THB Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6099, compared to 0.6333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.6099
H2 Avg (Jul–Dec) 0.6333

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0224 THB (High: 0.6142 / Low: 0.5918). On the other end, January was the most stable month, with a tight range of 0.0087 THB (High: 0.6163 / Low: 0.6076).

April Spread (Volatile) ±0.0224
January Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0079 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.6417) against the same month in 2016 (average: 0.6322), the exchange rate shifted by +0.0095 (+1.50%).

2017 Avg (September) 0.6417
2016 Avg (September) 0.6322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6163 0.6076 0.6127
February 0.6144 0.5985 0.6048
March 0.6114 0.5941 0.6048
April 0.6142 0.5918 0.5995
May 0.6261 0.6112 0.6187
June 0.6287 0.6149 0.6191
July 0.6370 0.6263 0.6311
August 0.6462 0.6330 0.6372
September 0.6477 0.6348 0.6417
October 0.6391 0.6264 0.6342
November 0.6333 0.6234 0.6277
December 0.6350 0.6208 0.6277